The Insurance Distribution Directive (IDD) sets out the regulatory framework for the distribution of insurance in the EU. It covers the initial registration, passporting arrangements, and ongoing regulatory requirements for insurance and reinsurance distributors. The IDD covers organisational and conduct of business requirements for insurance and reinsurance undertakings. It also introduces requirements including product oversight and governance, and enhanced conduct rules for Insurance–Based Investment Products (IBIPs). This instrument fixes deficiencies in two Commission Delegated Regulations made under the IDD. It also transfers both legislative and non-legislative functions from EU entities to the appropriate UK bodies, replaces cross references to EU legislation with the relevant UK measures which implemented those provisions, and removes other EU references which are no longer appropriate. Note: Further amendments will be made in a subsequent instrument to clarify the scope of the two Commission Delegated Regulations so that they will include all UK based firms conducting insurance distribution in the UK as well as those intermediaries and insurers operating under the Temporary Permissions Regime following the UK's exit from the EU.